Transportation Services Inflation Calculator

Prices for Transportation Services, 1935-2019 ($69,000)

According to the U.S. Bureau of Labor Statistics, prices for transportation services were
2,653.99% higher
in 2019 versus 1935 (a $1,831,251.45 difference in value).

Between 1935 and 2019:Transportation services experienced an average inflation rate of 4.03% per year.
This rate of change indicates significant inflation.
In other words, transportation services costing $69,000 in the year 1935 would cost $1,900,251.45 in 2019 for an equivalent purchase.
Compared to the overall inflation rate of 3.54% during this same period, inflation for transportation services was
higher.

Price Inflation for Transportation services since 1935

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing:
1976 (14.14%),
1980 (14%),
and 1948 (12.42%).

Buying power of $69000 since 1935

Below are calculations of equivalent buying power for Transportation services, over time, for $69000 beginning in 1935. Each of the amounts below is equivalent in terms of what it could buy at the time:

How to calculate the inflation rate for transportation services, 1935-2019

Start with the inflation rate formula:

CPI in 2019 / CPI in 1935* 1935 USD value = 2019 USD value

Then plug in historical CPI values from above. The CPI for Transportation services was 11.800 in the year 1935 and 324.971 in 2019:

324.971 / 11.800* $69,000 = $1,900,251.45

Therefore, according to U.S. Bureau of Labor Statistics, $69,000 in 1935 has the same "purchasing power" as $1,900,251.45 in 2019 (in the CPI category of Transportation services).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Transportation services in 1935. In addition to transportation services, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.